January 10, 2024 @ 4:57 pm By JD Alois  |  

As was reported earlier today, after an extended deliberation, the Securities and Exchange Commission (SEC) has approved eleven Bitcoin ETFs. CI has received multiple comments on the approval which is a seminal event for the crypto industry. Rajeev Bamra, SVP of Digital Finance at Moody’s… Read More

January 10, 2024 @ 4:21 pm By JD Alois  |  

After a false start yesterday, the Securities and Exchange Commission has filed an Order granting approval for eleven spot Bitcoin ETFs to trade on national exchanges. According to the document: “NYSE Arca proposes to list and trade shares of (1) the Grayscale Bitcoin Trust3 and… Read More

January 10, 2024 @ 12:23 pm By JD Alois  |  

The world of alternative investments continues to expand. While early-stage firms and real estate are common, there are a growing number of asset classes that are being turned into securities and being made available to individual investors. AcreTrader is a platform that is a broker-dealer… Read More

January 10, 2024 @ 11:00 am By JD Alois  |  

Many insiders expect the Securities and Exchange Commission (SEC) to decide today whether to approve or not approve a Bitcoin Exchange Traded Fund (ETF). The possibility of a spot Bitcoin vehicle trading on the Nasdaq or the NYSE has driven the price of Bitcoin higher… Read More

January 10, 2024 @ 10:13 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission (SEC) posted a video on X discussing the recent Staff review of the definition of an Accredited Investor. The video states that the review of fhe definition is mandated to take place every four years, according to Dodd-Frank. The… Read More

January 10, 2024 @ 9:25 am By JD Alois  |  

SoFi (NASDAQ: SOFI) , a top Fintech platform that holds a bank charter, is letting people go, according to multiple reports. SoFi was a big winner in the stock market in 2023, gaining 116%, but apparently, things may not be as great as they seem as… Read More

January 9, 2024 @ 6:54 pm By JD Alois  |  

Wefunder was the top platform for Reg CF [Regulation Crowdfunding] offerings during 2023, according to data provided by KingsCrowd. Reg CF is a securities exemption that allows for online capital formation. A notice filing and other documentation is required under the exemption, which is open… Read More

January 9, 2024 @ 6:02 pm By JD Alois  |  

DealMaker is part of a new group of broker-dealers that are focusing on online capital formation, providing a tech-enhanced environment for companies looking to crowdfund a securities offering. Based in Canada, the company has been recognized as one of the fastest-growing young firms in the… Read More

January 9, 2024 @ 4:30 pm By JD Alois  |  

Minutes ago, it was reported that the  Securities and Exchange Commission (SEC) had approved the first Bitcoin Exchange Traded Funds (ETF). Apparently, the SEC’s X account was “compromised,” and the statement on X by SEC Chair Gary Gensler was bogus. The X has now been… Read More

January 9, 2024 @ 2:37 pm By JD Alois  |  

X, formerly doing business as Twitter, has announced it will launch peer-to-peer payments in 2024 fulfilling an already revealed goal of the platform. In a blog post, X outlined its accomplishments and changes since Elon Musk took over the faltering social media platform.  X said… Read More

January 9, 2024 @ 1:10 pm By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement on new rules promulgated by the US Department of Labor (DOL) that may impact startups and entrepreneurs. The DOL has issued its final Independent Contractor rule today, claiming that it “helps employers and… Read More

January 9, 2024 @ 10:28 am By JD Alois  |  

Latin American digital asset platform Bitso has distributed a list of predictions for 2024. Felipe Vallejo, Chief Corporate Affairs Officer at Bitso, the end of 2023 was positive for Bitso: “… not only because we reached 8 million users globally and 1,700 institutional clients, but… Read More

January 9, 2024 @ 10:20 am By JD Alois  |  

German real estate investment platform GenoCrowd has launched its 14th securities offering to kick off the new year. The offering is in partnership with AS Unternehmensgruppe – the third project listed by the company on GenoCrowd. The funding round is for a real estate project… Read More

January 9, 2024 @ 8:58 am By JD Alois  |  

The British Business Bank has announced an additional £21.25 million in funding for an existing ENABLE facility. The funding is in partnership with Tower Leasing. According to a statement distributed by the Bank, the money will go to fund smaller businesses aiming to acquire assets… Read More

January 8, 2024 @ 11:22 pm By JD Alois  |  

The Financial Technology Association (FTA) has posted a comment letter criticizing the Consumer Financial Protection Bureau (CFPB) and a proposed rule on digital payments. The FTA represents the interests of big Fintech firms like Stripe, Wise, Block, and others. The CFPB announced the proposed rule… Read More

January 8, 2024 @ 1:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced the new Small Business Advocate – a role that has been vacant for some time now. The Office of the Advocate for Small Business Capital Formation was created by legislation that was signed into law in 2016…. Read More

January 8, 2024 @ 12:48 pm By JD Alois  |  

The quality of securities issued under  Reg CF largely depends on the perception of the investor. One person’s belief that a security offering is going to the moon can be mirrored by another who sees it as a dog. Big-name venture capitalists mostly get it… Read More

January 8, 2024 @ 11:40 am By JD Alois  |  

Seedrs, part of Republic, has booked its 5th exit for investors in 2023. According to an X, UK-based Sennen has been acquired by renewable energy firm Kraken. (not the crypto exchange). Sennen provides software that caters to managing renewables and power storage. Sennen was part… Read More

January 8, 2024 @ 10:35 am By JD Alois  |  

New cybersecurity rules are kicking in this week for the European Union. The regulation establishes an “internal cybersecurity risk management, governance and control framework for each Union entity, and sets up a new Interinstitutional Cybersecurity Board (IICB) to monitor and support its implementation by Union… Read More

January 8, 2024 @ 9:51 am By JD Alois  |  

John Reed Stark, a former employee of the Securities and Exchange Commission (SEC) and longtime crypto critic, has taken to X to hammer Bitcoin just as expectations that the SEC will approve Bitcoin ETFs later this month. Stark has been vocal for years now regarding… Read More